Winter of Discontent
Fastest rise in food prices for 14 years - Telegraph
...Families are already struggling to cope with the effects of the credit crunch. Petrol prices exceed £1 for a litre of unleaded fuel, while mortgage payments and credit card fees are also rising.
Now the price of groceries is increasing as weekly staples shoot up in price in supermarkets. The cost of a pint of milk has reached an all-time high of 33½p and sliced bread costs a record £1.20 in big stores, a far cry from the 9p loaf that was available 15 years ago.
The company that makes Hovis said yesterday that it was raising prices by a further 4p a loaf, on top of the 12p by which they had risen in recent months, as it attempts to recover soaring wheat costs.
It is starting to hurt people in the wallet, just as Gordon wants to take out more tax, the councils are demanding more rates and incoming skilled labour is keeping wages down. The pressure is building.
(As an aside as a farmer the rise in the price of wheat is wonderful but the cost of the wheat in a loaf of Hovis has only risen by about six pence in total so their blaming the much larger rise on us poor old sons of the soil is a bit off.)